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531 Us Highway 17 92
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PRICED AT ONLY: $1,650,000

Address: 531 Us Highway 17 92, LONGWOOD, FL 32750

Description

Seller finance both bdgs with just half down!! Both bdgs are on individual parcels, so will sell separate! 12 cap rate on 531 n 17 92 and 10. 2 cap on both 531 and 541 n 17 92!!!! Which is over $200k/yr on 531 n 17 92 and over $400k on 531 and 541 n 17 92! Wow!!! This is a cash cow! Make your moooooooove, and make it yours!! ###########################################################################################. List agent is the seller and decision maker!! Deal direct for an easy deal!! Seller will stay and continue to occupy their portion, long term, and lease back from buyer. No vacancies!! Fully occupied and leased, between the seller and the seller's tenants with large security deposits in place!! Plug n play investment!!! Located on the booming us highway 17 92!! Longwood, fl 32750. For all you out of staters dying to get into fl commercial real estate.. This is the orlando market!!! Surrounded by everything!! Close by everything! You name it, it's not far! ###########################################################################################. Bdg 1 (531)::: 15 retail units! 3400sf. Bdg2 (541)::: 3 flex space units & 8 separate retail units, total of 11 units! 7060sf. So, 26 units grand total! Lots of recent renovations done, as well as the tenants all have long term leases, so your income is guaranteed from day one! Parking lot just redone and resealed!!! Great looking place, even better looking return on investment!!! 541 n 17 92 is also listed packaged with 531 n 17 92 on mls in a separate listing. . ###########################################################################################. All pertinent information can be verified under contract: rent roll, p&l, bank statements, survey, environmental, etc are all available and on hand. As a preliminary... Rent roll/ p&l/t12 are available, now. Just ask. All information is to be deemed accurate but is at buyer and buyer's agent's discretion to verify all information. Showings by appointment only. Do not disturb the tenants!
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  • MLS#: O6248798 ( Commercial Sale )
  • Street Address: 531 Us Highway 17 92
  • Viewed: 1
  • Price: $1,650,000
  • Price sqft: $485
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 3400
  • Days On Market: 71
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 3360.00
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Other
  • Road Frontage Type: Divided Highway, Highway
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 200469.00
  • Tax Year: 2023
Other Features
  • Country: US
  • Legal Description: WLY 300 FT OF NLY 60 FT OF LOT 18 & W 150 FT OF S 12.5 FT OF VACD ST ADJ ON N ENTZMINGER FARMS ADD NO 3 PB 6 PG 27
  • Area Major: 32750 - Longwood East
  • Parcel Number: 33-20-30-503-0000-018C
  • Zoning Code: C-2

Contact Info

  1. Broker IDX Sites Inc.
  2. A Winning Team
Broker IDX Billing System